Troubleshooting: Trial Balance Report does not balance on second year

From AutoCount Resource Center

Question: When I preview Trial balance report for first year it is balanced, but when inquiry for second year it does not balance. Why?

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Possible Reason:

You have created Retained Earning account as a normal account.
Retained Earnings (or Retained Profit) account must be of Special Account Type (SRE) should you need the system to calculate and show accumulated profit (except current year).

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1) Delete the normal Retain Earning account.

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2) Create new Special account for Retained Earning.

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Now Trial Balance report is balanced.

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By: Park Yao 220919, Lay Swan 220923, P220926

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